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  1. 1

    So a Bloomberg Terminal is $1,500 per month. Why?

    Is it just a normal USB or PS/2 keyboard? Wanna send it to me so I can use it and feel like a baller? :D Or do you have to give it back when your lease is up?
  2. 1

    So a Bloomberg Terminal is $1,500 per month. Why?

    Cuz I'd like to learn what the big deal is about these things. It's like on a car forum, if someone asks "hey, why is this turbo engine so expensive? What is a turbo anyway?" they wouldn't expect an answer of "lol if you don't even know what a turbo is then why are you even here?", but...
  3. 1

    explain 'scalping' to a newbie

    scalping = taking profits (usually very quickly) after a small movement. So instead of buying at 1,200 and selling at 1,205 or whatever, you might buy at 1,200 and sell at 1,200.50. So that's half a point, but some people scalp with a bunch of contracts so that half a point might still be...
  4. 1

    So a Bloomberg Terminal is $1,500 per month. Why?

    lol look at all the people getting defensive in this thread. Do I need that info? How does knowing that information factor into your trading decisions? I don't even know what an interest rate swap is.
  5. 1

    So a Bloomberg Terminal is $1,500 per month. Why?

    What info does it provide that we cannot get ourselves?
  6. 1

    A list of all scam unregulated 3rd party educational vendors

    Is Woodie on that list? I don't know what his group is called but I've seen people post backtests showing that his method isn't profitable and he's a bit of a scammer. This is all hearsay, of course. I have no firsthand experience with him or his system.
  7. 1

    Perfect Wave - 2011-Q1

    Can you post some example charts with this? I'm curious to see it. I appreciate your time explaining all of this to me.
  8. 1

    Td Ameritrade Think Or Swim Super Dom Simulator

    I would've termed the conversation as soon as you dropped the first F bomb. You can solve your own tech support problem. Classy.
  9. 1

    So a Bloomberg Terminal is $1,500 per month. Why?

    What does it give you that a normal computer setup doesn't? You get two or four monitors, which is cool. And a weird-looking keyboard that looks like it has speakers on the sides: How is that different from what you and I can do for much less than $1,500 per month? In fact, I pay...
  10. 1

    "The only way to trade with Fibonaccis" journal

    I've been busy with other stuff recently to day trade. I'd never swing trade the ES. My pockets aren't deep enough for that :eek:
  11. 1

    "The only way to trade with Fibonaccis" journal

    this would probably actually work better on a weighted ETF like UPRO. If so, you'd be in at 72, in more at 69, average cost below 70.50, and price closed today at 74.68. So at least $4.18 gain per share so far.
  12. 1

    "The only way to trade with Fibonaccis" journal

    yeah, making money on SPY, go! In at 128. In more at 126. Average cost below 127. Close today at 129.74.
  13. 1

    Second charts or time/sales with DOM?

    Because the people who speak in riddles are the same people who are trying to sell their shitty courses here and via PM. If I was ever going to pay money for a trading course or system, I would require quantifiable proof that it works beforehand. Quantifiable proof with no room for...
  14. 1

    Perfect Wave - 2011-Q1

    I thought the way the waves worked was you predicted movement and then waited until that move was done and then predicted the next movement. I don't have much experience with waves, so I'm probably wrong. So you draw a new version each week based on the new data (that week's data), because...
  15. 1

    Multiple Timeframes

    I will make this really easy. Beware, the scammers and ET gurus will disagree: All charts show the same info. Any particular chart, such as 4 minutes, or 5 minutes, or 50 ticks, or 500 constant volume, or any unit, has no quantifiable advantage over any other chart. They all show the...
  16. 1

    Multiple small accounts amounting to less than 25k

    Do you mean like you make 3 trades in one of the accounts and then for the 4th trade you go to the next account?
  17. 1

    Second charts or time/sales with DOM?

    Two charts with different timeframes. T&S and DOM aren't useful (except to millionaire ET gurus, who only speak in riddles and won't give you actual, quantifiable information about how to use them profitably), or at least not to me.
  18. 1

    Why most pro traders are gamblers, and why risk control prevents success with OPM

    with a ton of OPM you can just average into anything you want and eventually make money. And when it ends up going against you, then you hear about funds blowing up. Pretty easy. It's much easier for fund managers than for individual traders. Plus, when the funds blow up, the...
  19. 1

    Perfect Wave - 2011-Q1

    I'm only looking at the ES charts, but why is there so much difference between each chart? How do you know when to draw a new one?
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